4915 51 Avenue Whitecourt, AB T7S1M2

$419,900
0.13
Acres
4,400
SQFT
95
$/SQFT
$419,900
4,400   sf
$95 / sf
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active
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Prime Downtown Investment Property – Stable Tenant in PlaceHere’s your chance to own a proven income-producing commercial property in the heart of downtown Whitecourt. This 4,400 sq.ft. retail building sits on a 5,625 sq.ft. lot and is home to one of Whitecourt’s most established and recognized businesses — Whitecourt Stationery. The store has served the community for decades and recently transitioned to new ownership, bringing fresh energy and ideas while retaining much of its experienced and long-term staff.A new 5-year lease is in place, providing dependable income for investors seeking a secure, low-maintenance property. The tenant continues to deliver strong, community-based business with steady traffic and a loyal customer base.The building itself has been well maintained and upgraded, featuring a new furnace, new hot water tanks, and central air conditioning. Zoned C-5 Main Street Downtown, the location offers excellent visibility, walk-in traffic, and proximity to other established retail and service businesses.Whether you’re expanding your commercial portfolio or looking for a reliable investment with a quality tenant already in place, this property is a turnkey opportunity in a proven downtown location.Asking Price: $419,900Building Size: 4,400 sq.ft.Lot Size: 5,625 sq.ft.Zoning: C-5 Main Street DowntownTenant: Whitecourt Stationery (new ownership, long-time staff)Lease Term: 5 years (id:32750)

Prime Downtown Investment Property – Stable Tenant in PlaceHere’s your chance to own a proven income-producing commercial property in the heart of downtown Whitecourt. This 4,400 sq.ft. retail building sits on a 5,625 sq.ft. lot and is home to one of Whitecourt’s most established and recognized businesses — Whitecourt Stationery. The store has served the community for decades and recently transitioned to new ownership, bringing fresh energy and ideas while retaining much of its experienced and long-term staff.A new 5-year lease is in place, providing dependable income for investors seeking a secure, low-maintenance property. The tenant continues to deliver strong, community-based business with steady traffic and a loyal customer base.The building itself has been well maintained and upgraded, featuring a new furnace, new hot water tanks, and central air conditioning. Zoned C-5 Main Street Downtown, the location offers excellent visibility, walk-in traffic, and proximity to other established retail and service businesses.Whether you’re expanding your commercial portfolio or looking for a reliable investment with a quality tenant already in place, this property is a turnkey opportunity in a proven downtown location.Asking Price: $419,900Building Size: 4,400 sq.ft.Lot Size: 5,625 sq.ft.Zoning: C-5 Main Street DowntownTenant: Whitecourt Stationery (new ownership, long-time staff)Lease Term: 5 years (id:32750)

  • Neighborhood
  • Type
  • Status
    Active
  • Listing #
    A2266842
  • Built
    1968
  • Lot Size
    0.13
  • Listed on site
    5 days

Listed by:
Re/max Advantage (Whitecourt)

Copyright 2020 by the REALTORS® Association of Edmonton. All Rights Reserved. Data is deemed reliable but is not guaranteed accurate by the REALTORS® Association of Edmonton.
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  • No HOA

Waterfront

  • Water Access
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